Deutsche Bank says not discussing equity capital hike

FRANKFURT Wed Jan 29, 2014 7:35am EST

Deutsche Bank Co-chief Executive Anshu Jain speaks during a session at the World Economic Forum (WEF) in Davos January 25, 2014. REUTERS/Ruben Sprich

Deutsche Bank Co-chief Executive Anshu Jain speaks during a session at the World Economic Forum (WEF) in Davos January 25, 2014.

Credit: Reuters/Ruben Sprich

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) has not discussed raising equity capital but will pursue plans to begin raising around 5 billion euros ($6.83 billion) in additional tier one regulatory capital this year, co-Chief Executive Anshu Jain told Reuters in an interview.

"We have not talked about equity capital at all. Yes we will have to replenish our AT1 and we are confident that appetite for that will be very strong," Jain said on Thursday.

(Reporting by Thomas Atkins and Arno Schuetze; Editing by Maria Sheahan)

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